He is also concerned about Economic Uncertainty triggered from the conflict between israel and hamas as the death toll continues to rise. The bbc s economics editor Faisal Islam Sat down with him and asked if the Global Economy was heading in the right direction. Well, things are going in the right direction. What we are seeing is, despite these large shocks that you describe, the World Economy is still standing. No global recession, you know, no massive slowdown that would put us into huge unemployment rates. We havent seen that. We have seen a surge in inflation, but inflation is sort of coming down now, both Headline Inflation and core inflation, so thats the good news, things are improving, the Global Economy has been resilient. At the same time, the Growth Numbers we have, around 3 this year, 2. 9 for next year, this is way below historical average. So the Global Economy is limping along, its not sprinting but its been resilient. Right. Do you from this point see there are areas w
Thejustice departments case revolves around these deals, which ensure pretty much every smartphone sold in america comes Out Of The Box with Google Search preinstalled. The microsoft boss said his company has invested more than 1 billion into the development of its own search engine, bing. Its also invested heavily in Artificial Intelligence and is considered a front runner. But he warned there were limits about how far ai could reshape the market. His appearance comes many years after the tech giants face its own monopoly case, which was settled back in 2001, which paved the way for competitors like google. Were into october in the final quarter of 2023, and this morning we are going to take stock of the year and see how the rest of it will likely pan out in the financial markets. Our next guest believes investors have grown more optimistic about the Global Economy and its largest markets, while the us has seen a better than expected recovery, the picture is somewhat shakier in china,